$900 Billion Stimulus Bill Agreed in Congress

December 21, 2020By Paren Knadjian

Congress reached an agreement late on Sunday, December 20th, for a $900 billion stimulus package.  The Bill is expected to pass the House and Senate and be signed into law by December 23rd. The full text of the Bill has just been released and we are reviewing the details. Meanwhile, below are the highlights of how … Read More

IRS to Audit High-Income Tax Returns

August 26, 2020By Brad Pauley, CPA

The IRS announced on June 18th that they will be looking at hundreds of high-income tax returns between July 15th and September 30th. They are expected to be looking at not only the taxpayer’s individual returns but any business-related pass-through entities as well. These reviews create exposure for athletes and entertainers who have high income and … Read More

KROST Quarterly Magazine: The Technology Issue is Now Available!

March 9, 2020By KROST

We are happy to announce the release of our newest quarterly magazine! The Technology Issue highlights some of the hot topics including trends in media & entertainment, privacy laws, AdTech, quantum computing, and more. What You’ll Find Inside this Issue: Streaming Wars: Technology Trends in Media & Entertainment By Paren Knadjian Tech Company Compensation: Unraveling … Read More

Business Tax Planning Ideas That May Help You Save Tax Dollars

January 23, 2020By KROST

The last few months of the year are important and year-end tax planning may allow you to change the entire course of your business. As 2020 approaches, it is time to develop, finalize, and undertake a year-end tax planning strategy. Businesses that have not yet explored year-end tax planning should take an immediate inventory of … Read More

Steve Chhuor Certified in Cybersecurity Advisory Services

January 16, 2019By KROST

Recently, KROST team members have devoted time to further their training and expertise in cybersecurity by earning AICPA’s Cybersecurity Advisory Services certificate. Cybersecurity risk is evolving daily and as experts, we need to continually expand our knowledge to properly detect, respond to, mitigate and recover from security risk. Assurance & Advisory Manager, Steve Chhuor, CPA, … Read More